More

    Costa Rica Highlighted as a Prime Location for International Arbitration

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The strategic position of the country, being a neutral nation and its interest in resolving conflicts are some of the features that make Costa Rica a good destination for international arbitration.

    This was determined on the program Nuestra Voz by the honorary president of the Spanish Club of Arbitration, José María Alonso, who visited the country to mark the VI Congress of International Arbitration.

    According to the expert, being a center of arbitration is also a way to raise revenue for the country.

    TIP: Get our latest content by joining our newsletter. Don't miss out on news that matter in Costa Rica. Click here.

    The president of the Committee on International Arbitration for Costa Rica, Juan Manuel Chacon, also supported the idea.

    Arbitration is a form of alternative dispute resolution for conflicts. This mechanism is used in most international and commercial contracts, where they must define which country the arbitration shall be held in if required.

    A criterion for Chacon for the country to achieve this goal, is that it needs to be sufficiently disseminated on the subject.

    For example he noted that there are currently no courses or degrees in Costa Rica universities on the subject.

    This has been one of the motivations to celebrate the Arbitration Congess in the country, which started on Sunday and ends on Tuesday. “We want to tell Costa Ricans this is necessary,” said Chacon.

    However Alonso highlighted in previous years judiciary officials have attended the Congress, which is proof that there is an interest in learning about arbitration.

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    - Advertisement -
    - Advertisement -

    Latest News

    Where Do People with Disabilities Have Greater access in Costa Rica?

    Many speak of tourism in order to attract people from other countries, showing biodiversity, gastronomy, the characteristics of local people
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »
    Be Part of the Community!
    Stay Up To Date And Connected

    and engage with likeminded folks on Costa Rica

     

    13 Years Changing The Way You Look At News!

    Get TCRN In Your Inbox & Never Miss Any News That Matter In Costa Rica!